CHIRPPING “SOON(ISH)”: Moonbirds Owner Spencer Says the Team Is Working Through A Delay As $BIRB Claims Get Ready To Hatch!

Moonbirds holders will be able to claim their first allocation of $BIRB soon(ish).

Around midnight, Moonbirds owner Spencer took to the timeline to address the delay in holders being able to claim their tokens, explaining that things got a little chirpy just before launch.

 

“Update on birb claim: The claim site is also nesting and birb game,” he tweeted. “In addition the NFTs and some SBTs are on ETH while the token is on SOL so its all very complex. Tech team is working on an issue, we think its resolved but still testing. Claim will go live soon(ish).”

 

At the time of writing, it’s still unclear exactly when holders will be able to claim their tokens. However, it has been confirmed that 25% of $BIRB will be distributed to Moonbirds, Mythics, and Oddities holders over the next 24 months as part of the project’s new Nesting 2.0 program.

“Nesting 2.0 is here,” the project tweeted. “Moonbirds, Mythics, and Oddities NFTs are getting $birb token through a new design mechanic that aligns holders with the long term growth of the ecosystem. Deposit your NFT into the nesting protocol and receive a soulbound NFT of your birb while its nesting, no more stuck birbs on the marketplaces. On the 28th of each month for the next 24 months, nested NFTs get to claim 1/24th of their respective allocations. If you nest for only part of the month leading up to your monthly claim on the 28th, you get pro rata that amount. No need to rush, all NFTs who nest in the first 7 days are treated as if they have been nesting for the full month.”

 

 

 

As the Gazette previously reported, Spencer’s long term vision for $BIRB is to blend meme culture with the durability of a real business. 

“Memes move people. Companies endure,” Spencer recently wrote in an X article titled the Birbillions Thesis. “Crypto only works when both are true at the same time. Birb is an attempt to formalize that insight. Not by resolving the tension between absurdity and enterprise, but by locking them together. The meme creates velocity. The company creates gravity. Together they thrive.”

 

While Moonbirds holders wait to get their first allocation of $BIRB, the token is currently sitting at a market cap of $91 million and a fully diluted market cap of $318 million, according to DexScreener.

The Gazette will continue to follow all things $BIRB. Stay tuned for updates!